FT: Milei's Disinflation Fails to Spur Growth; Employment, Wages, Consumption Lag
Published 10 h ago5 sourcesEvidence: Reported
Argentina and Sri Lanka, both undergoing IMF-backed recovery programs, face growing public discontent despite investor enthusiasm. In Argentina, Milei's rapid reforms have excited markets but social costs are fueling unrest; Sri Lanka shows similar patterns. The sustainability of these recoveries is uncertain as political backlash could derail reforms.
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